A cabin 20 mins from Killington with summer appeal (not far from White River Junction) seems like the perfect entry point for me and quick recovery of upfront costs after a few successful winters and break-even summers. 

Since you and your brother are entitled to 1/3 of the profits on said property, this is a complete gift and your father needs to file a gift tax return, Form 709.

One idea would be for me to contribute 20% of the funds plus everything mentioned prior while he provides 80% but we split the profits 50/50 what are your thoughts and/or experiences?  

And thus I have to find other financial mean, outside of my career, to find the means to make sure he has what he needs.It amazes me how many different paths can be set upon with REI, the question is always 'which is the right path for me?'. 

There are forms of "illegal flipping" which involve selling a property on CD to someone with a large down payment and a poor ability to pay. 

So, we'd need to form an LLC in each state where we own property?

I'm torn though, it's really wired for me... way to sit down/formal for BBQ... but the prime rib ribs are on an entire level. 

A=$2100 and B=2100 total $4200.00So basically I almost doubled the rental income.I had put down 25% percent because it was not home owner occupied, Down payment = $143,500Repairs and remodel cost for both units about $30,000 totaling around $180,000 on my HELOC.I would like to do a cash out refi, to pay off my  HELOC, however since it a duplex, I dont know ARV.1.How much would my house need to appraise for me  pull most of my money back out?

Early in the morning works for me.

It might be in NY.Agency disclosure is the mandatory paperwork which goes with the offer and both, buyer and seller, must sign it even if two different agents form different brokerages involved.LBPD and the pamphlet are mandatory for houses built before 1978 and there is a lot of financial responsibility for skipping it.